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maxw3st
Oct 17, 2020 1:21 PM

AU undecided atm 

Australian Dollar/U.S. DollarFXCM

Description

AU needs to break below the 5/8 line, or it's just in an extended retrace from the high and could resume upwards anytime.

Trade active

long from .7124 for a short term trade. Could continue up into the .73s, but may turn anytime. Expecting at least the 70% line.

Trade active

Strong bullish move off the low right into rejection at overhead resistance.

Trade active

Taking profit at the weekly open. Will wait for a bounce off support and go long.

Trade active

Trade active

1.6250 line or close to it.
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